 What is the best credit card for my S.O. who has no credit and really bad spending habits? |
| she wants to build credit and says she will only make one small purchase a month and pay it off in its entirety but i just KNOW she will get carried away.. whats the best credit card she can get with ... |
|
 $7000 Credit Card Debt At Age 19? |
| Is this normal? Is this bad? I really don't know what to do; I feel like I've gone way over my head. I have like 7 credit cards and it's hard to keep up with the minimum payment ... |
|
 What is the best way to establish credit for my start up business? |
My company is a start up sales and marketing business specializing in vitamins and natural health products.
I know I need to get a tax id number. Then what?... |
|
 Credit card balance? when/how to pay? |
my recent credit card statement came through the post last week. i have a balance of £314.00 to pay. it says on the statement payment to reach us by 7th november 08.
if i pay the balance ... |
|
 Why do people give such crappy advice? |
Some people who answer questions on here give the WORST advice. Seriously, you'd think they were just making it up on the spot.
ESPECIALLY when it comes to answering credit questions.
... |
|
 If you found out that a credit card issuer made a huge mistake that worked to your advantage would you? |
| take the money and run or let them know? Does the company have any recourse to reclaim their money if they find the mistake? Think about how much money you're giving the card companies before ... |
|
 How to Kill A CREDIT CARD? SAFELY? |
| Killing a credit card is big process because banks are there to save them. Still so many people are having problems because of credit cards & so called charges which banks will take from your ... |
|
 Can i cancel a direct debit for a debt if i believe ive paid it off but they still keep taking the money? |
| I have been paying HFO services £5 per week for the last 2 years,if not more, for a Barclaycard debt of £420.surely its paid off by now!!!!!Do i have the right to cancel my direct debit and how do ... |
|
 Why am I not approved for a credit card? |
| I am currently a 21 year old college student. I applied for a credit card twice, but got rejected. It stated I had insufficient credit history and housing. What exactly does that mean? Anyone have ... |
|
 Why are credit cards bad? |
'm doing homework on Credit cards and I need help figuring out why they are bad and why people shouldn't get it.
I need only bad reasons, so no answers with why you should get one. T... |
|
 Do verbal contracts stand up in court? |
| i have agreed to something over the phone which they said was recorded and i cancelled about two weeks later,they kind of tricked me saying i had spoken to them before and i got a bit flustered ... |
|
 Is 500 a good credit score? |
| yes, that is my credit score.... |
|
| Bought something online with debit card never got iteam.? |
| I recently bought a iteam online with a debit card, and they say they send me the iteam, but i never received it. So what should i do?... |
|
 Do the numbers in your social security number indicate your race? |
| No kidding my friend works for the credit bureau and that's what she told me.... |
|
|  |
E | What is this nonsense I just heard about employers not wanting to hire you if you have a bad credit rating? |
If anyone else has heard of this and can elaborate more on whether or not it's true, possible and if so, why this is done, please do. Thanks. |
 |
 
ruthiegunter
|
Yes it is true, I was not hired by 2 different companies actually. I'd been a housewife for years, then we divorced and I went out to work, well due to a foreclosure..I could not have possibly made what he did!!
They say a person's credit tells the employer if that person is reliable or not, it says alot about them.
It seems funny with the crisis alot of people are going through now, it has nothing to do with who we are, rather the cards we've been dealt and it makes NO sense to me. My credit told them about me?? It didn't tell them alot about the situation that put me where I was and if I couldn't work, then I couldn't pay my bills and if those bills didn't get paid, then I suffered another remark against me?!?!?!?!?
Target & Walgreen's are 2 of the places that I know of that check your credit report!!
I found out about this, unfortunately quite a few years ago!!
Good Luck, hope it doesn't happen to you. I'm not so much bitter about it, they could give you a chance to explain what happened though!!
|
|
tkquestion
|
It is not nonsense. If someone was careless about their own finance (which is an important factor in maintaining a good household), how is employer is to assume that person will handle his/her job responsibilities sensibly?
Granted, many times, bad credits are caused by factors that are accidental or beyond ones control, many of them are self-induced.
Employers are interested in getting a good reliable employee. They are not at all, interested in giving someone a second chance. Harsh, but is a reality. |
|
Brian C
 |
Depends on the job. If you're working in retail, it's good to see how you manage your own money before you handle the companies money |
|
smartypants909
|
People who do not pay their bills are not always good employees, and there is a chance of bill collectors calling them at work, which could be a disruption. Its another way of screening their applicants. |
|
$andman
 |
It's true,it's a good way to see how responsible a new hire is... |
|
Leafsfan29
|
Show me a potential hire that has a bad credit rating, and it's a red flag.
In retail (and the like), you're much more likely to steal (not saying you are, I'm saying in general), and there's a whole host of other things that come in to play that generally say "potential problem employee".
In a professional setting, it's worse. If you have to travel, a company is not going to want to give you a corporate credit card that they could potentially have liability for. You're also significantly more likely to pad that expense report. You're much more likely to behave unethically, and possibly expose the company to potential liabilities.
Your credit rating/score shows your financial responsibility; ultimately, how well do you manage money. If you do a horrible job, it begs the question of "why should I hire you?"
Is it unfair? Maybe, but ultimately, a company has to protect its own interests. |
|
Steve from PA
|
Very much so, depending on the type of employment, more than likely if your dealing with money,personal info of others. On average your credit rating is a barometer of your character. Unfair as it is alot Of employers want 2 limit their liability and this is one of the tools they use. |
|
shamieya
 |
It's true. not all check your credit rating though. usually financial businesses like banks would do such a check. |
|
MIKE
 |
That does apply to some employers, especially those that handle money. Employers tend to shy away from hiring employees that are in financial trouble, not wanting it to get to the point where the employee may turn to steeling money from them to take care of their own problems. I have seen this happen quite a bit.
Best Regards,
Mike, CEO
http://www.TheCreditRehab.com |
|
Big Drew
|
It is true for some employers. They use it to see if you are and have been a responsible person, and how consistent you are. Your credit report will also often shows previous residence and employment. Thankfully, I've never had an employer check mine. McDonald's wouldn't hire me based on my credit score. |
|
bobs
 |
It's been happening for a long time. Just more corporate American, big brother BS. |
|
The Judge
|
People who take money and don't pay it back are seen as dishonest and dishonest people make bad workers. Or so it seems.
|
|
sybbo
|
Its true. Big brother via the credit companies is watching you. |
|
Ponda
|
yep it is true, very good judge of responsibility, your credit bureau. They are most likely not gonna say no we are not hiring you over one late pay or anything but they will most likely check with you and ask questions as to why it is the way it is |
|
Wally
|
Even if you're not likely to steal, someone who is careless with their own finances is likely to be careless with everything they do including their job. |
|
Bob B
 |
here are some search results
http://www.yabloog.com/13credit_card_.html
|
|
Jennifer W
|
It is true but I have a feeling with the way the economy has turned it will be done with soon enough. Credit effects your right to fair housing, your insurance prices, and your job eligibility. Not every employer looks at credit but bigger companies do. They feel that statistically, people with good credit are less likely to steal from the company. I think it is discrimination and should be illegal. I think they should only be able to look at your criminal record, not whether or not you have a good credit score. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
17 | 7 minutes(s) ago
| | | |
14 | 18 minutes(s) ago
| | | |
17 | 58 minutes(s) ago
| | | |
17 | 2 hour(s) ago
| | | |
17 | 5 hour(s) ago
| | | |
5 | 10 hour(s) ago
| | | |
17 | 2 day(s) ago
| | | |
17 | 6 day(s) ago
| | | |
17 | 2 week(s) ago
| | | |
17 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
